How Do You Know How Much Equity You Have?

How Do You Know How Much Equity You Have? 


EQUITY = LEVERAGE
Leverage for what?
Your next home or real estate investment.
How do you know how much equity you have in your home?
It’s simple:
Current value of your home

MINUS

Current loan balance

EQUALS

Home equity

And how do you know what your home is currently worth?
Hint: online estimators that start with Zillow won’t give you a full picture.

The best way to determine the current value of your home is to compare recent sales, current market trends and weigh the specifics of your home.

Only a local real estate expert can advise you on the current value of your home and an effective pricing strategy that will get you the most for your home if you sell.

If you’d like to better understand what your home may sell for — and what homes your current equity could help you upgrade into — let’s set up a time to talk.

Just shoot me a DM and we can have a no pressure, private conversation.

Info@ModeREGroup.com or 916-230-0371 to text

 

#realestate #homeequity #homevalue #sacramentorealestste #elkgroverealestste #realtor #homebuyers 


By Lori Mode February 18, 2025
Here are four tried-and-true strategies to help you attract the right buyers and maximize your sale.
By Lori Mode February 17, 2025
Buying a home is one of the most exciting milestones in life, so be prepared by asking these questions first.
By Lori Mode February 11, 2025
If you’re not prepared, you could miss out on your dream home. Here’s why getting pre-approved now gives you a competitive edge
By Lori Mode January 31, 2025
A run down of what to expect during our listing consultation
By Lori Mode January 23, 2025
If you’ve ever browsed Zillow to check out your home’s value, you’ve likely come across their “Zestimates.”
By Lori Mode January 22, 2025
When it comes to buying a home, your credit score plays a significant role in determining your mortgage options and interest rates.
By Lori Mode January 21, 2025
When it comes to buying a new construction home, you might think you can handle it all on your own, but know this....
By Lori Mode January 15, 2025
Top 5 Reasons It Might Be Time To Move
By Lori Mode January 13, 2025
See what the experts have to say about the 2025 real estate market
By Lori Mode January 13, 2025
Thinking of selling in 2025? Make sure you think about these things when navigating the market
More Posts
Share by: